Enel Capex and Financial Guidance
Asset Development Capex¹ (€bn)
Cumulated gross capex by GBL
Grids
enel
Cumulated gross capex by geography
Italy
Iberia
29%
1%
4%
2%
Latin America
Rest of Europe
North America
Africa, Asia & Oceania
Total
Total Capex 2023-25
1.
2.
23.3 €bn
Italy
23%
Iberia
Conventional generation
Enel X
Latin America
45%
23.3 €bn
Rest of Europe
12%
Renewables
64%
North America
Other
20%
Africa, Asia & Oceania
Enel Green Power
Enel X Global Retail
Conventional Generation
& Trading
Renewables
Grids
Retail
Enel X²
2023
2024
2025
2023
2024
2025
2023
2024
2025
2023
2024
2025
2023
2024
2025
2023
0.4
0.1
1.7
1.4
1.7
1.7
1.9
1.5
-
0.1
0.1
0.1
1.2
1.4
1.4
0.4
0.4
0.3
0.1
0.1
0.9
0.7
0.5
0.2
0.2
0.2
-
Rounded figures.
It includes Enel X Way
0.7
-
1.7
-
-
-
-
2.0
-
-
0.1
-
Services
& Other
2024
Total
2025
2023
2024
2025
3.9
3.5
3.3
1.6
1.9
1.8
1.1
1.0
0.7
0.7
1.8
2.1
0.4
0.1
4.4
5.1
5.4
2.3
2.5
2.0
0.3
0.3
0.3
7.4
8.1
7.7
0.5
15.0
6.8
0.9
0.1
23.3
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